socalTECH

AUGUST 20, 2019

Los Angeles-based TPx Communications , a provider of unified communications services, including call center, contact center, managed WAN, managed Office 365, and other similar services, has been acquired by private equity investor Siris. TPx Communications--formerly known as U.S. TPx Communications--formerly known as U.S.

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NOVEMBER 8, 2016

Riordan, Lewis & Haden Equity Partners (RLH Equity), the private equity investor founded by former LA mayor Richard Riordan and former USC Athletic Director Pat Haden, along with J. Christopher Lewis, have made a private equity investment in Utegration , a provider of SAP consulting and implementation services.

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socalTECH

DECEMBER 21, 2021

Los Angeles-based fintech startup Novea, the parent company of Novea, Jacana Warranty, and Jacana Insurance, says it has raised $50M in equity funding, along with $5M in debt. According to the company, the funding will go to support its proprietary user platform, which is aimed at the consumer warranty and service contracts industry.

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JULY 11, 2018

AdvancedMD , a portfolio company of Los Angeles-based private equity investor Marlin Equity , said this week that it has completed the acquisition of Marietta, Georgia-based Nuesoft Technologies. South Jordan, Utah-based AdvancedMD develops cloud-based software for physicians and medical billing services. READ MORE>>.

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Equity Acquisition Los Angeles Software 100

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AUGUST 27, 2021

Silicon Valley Bank and nonprofit the National Equity Fund said this week that SVB will commit $110M for affordable housing in both Los Angeles and the Bay Area, to go towards creating affordable housing in high rent California districts. Photo: National Equity Fund's Boyle Hotel Apartments in Los Angeles)

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MAY 3, 2018

Los Angeles-based private equity investor Caltius Equity Partners said late Wednesday that it has made a "significant" investment in Health Payment Systems , a developer of healthcare technology and services. Size of that investment was not announed.

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socalTECH

MARCH 27, 2018

AppRiver , a provider of cloud-based cybersecurity software and services which is owned by Los Angeles private equity investor Marlin Equity , has acquired Ottawa, Canada-based Roaring Penguin , the companies said this week. AppRiver, which is based in Florida, was acquired by Marlin Equity in October of 2017.

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JANUARY 28, 2019

Los Angeles-based Century Park Capital Partners , a private equity investor focused on family businesses, owner-operated companies and corporate divestitures, said on Monday afternoon that it has completed a majority recapitalization of Florida-based software and IT services company MCCi. READ MORE>>.

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TechCrunch LA

DECEMBER 17, 2020

Allan Jones’s first startup was Fourth and Grand , a Trunk Club-like service backed by the venture studio and accelerator, Science, out of Santa Monica. What sets Bambee apart from companies like Zenefits and other companies looking to provide human resources services is its focus on the needs of employees as well as employers.

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socalTECH

MARCH 1, 2019

Van Nuys-based Jet Edge International , a provider of aircraft management and private jet charter services, said this week that it has raised $60M in a equity and debt funding round. The funding was led by Los Angeles-based private equity investor Solace Capital Partners.

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DECEMBER 14, 2016

Los Angeles-based private equity investor Marlin Equity Partners unveiled a new company, Elenion Technologies , focused on silicon photonics. According to Marlin Equity Partners, Elenion has been in existence since 2014, and has been operating in stealth mode.

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AUGUST 19, 2013

Los Angeles-based private equity firm WorkOasis has acquired WorkOasis , a developer of software-as-a-service products for work order, vendor and maintenance management, the company said this morning. Marlin Equity Partners did not disclose financial details of the transactions. WorkOasis was based in Atlanta, Georgia.

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MAY 30, 2019

Los Angeles-based Mission , a startup providing managed services and consulting for Amazon Web Services, has raised $15M in a funding round, from private equity investor Great Hill Partners. According to Mission, it will use the new funding to expand its team, technology, system, and go-to-market.

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socalTECH

DECEMBER 1, 2015

Los Angeles-based private equity investor Marlin Equity has acquired LiveOps Cloud Platform , the companies said today, in a deal which will split LiveOps into two different companies. LiveOps Cloud develops cloud contact center and customer service software. Financial terms of the acquisition were not disclosed.

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TechCrunch LA

SEPTEMBER 21, 2019

million round led by Los Angeles firm Upfront Ventures, with participation from Mucker Capital and Matchstick Ventures. Postmates, the popular food delivery service, raised another $225 million at a valuation of $2.4 billion in a round led by the private equity firm GPI Capital this week. The business has closed a $3.85

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socalTECH

MARCH 3, 2014

Los Angeles-based private equity investor Platinum Equity said last week that it has sold NESCO , a provider of fleet equipment rental, sales, and services for the electrical transmission and distribution market, to Energy Capital Partners. private acquisition merger partners capital energy nesco equity platinum'

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Startup Professionals Musings

SEPTEMBER 8, 2019

Angel investors and venture capitalists don’t make equity investments in nonprofit good causes. Yet as an active angel investor, I still get this question on a regular basis, so I’ll try to outline the considerations in common-sense terms. There is no discussion of equity, or return on investment. Bartering services.

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FEBRUARY 3, 2016

Los Angeles-based LAC Group , a provider of outsourced library, information, and knowledge management services, said today that it has received a private equity investment from TZP Growth Partners I. Size of the investment was not announced. LAC Group is led by Deb Schwarz. READ MORE>>.

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Equity Invest Outsource Los Angeles 100

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MAY 13, 2016

Los Angeles-based private equity investor Riordan, Lewis & Haden Equity Partners (RLH Equity), has sold one of its portfolio companies, BlueWolf Group , to IBM. Financial details of the acquisition were not announced. READ MORE>>.

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IBM IBM Equity Cloud Computing 100

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NOVEMBER 25, 2013

Calabasas-based National Technical Systems , a provider of testing laboratories, certification services, and related services, is now officially a private company, after the acquisition of the company by Los Angeles private equity company Aurora Capital Group. The companies said that they acquired NTS for $23.00

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Equity Calabasas Acquisition Los Angeles 138

socalTECH

APRIL 15, 2015

Los Angeles-based private equity investor Marlin Equity Partners said Tuesday that it has agreed to acquire Fidelis Cybersecurity Solutions from General Dynamics. Fidelis Cybersecurity Solutions offers up products and services to combat threats and prevent data and intellectual property theft. READ MORE>>.

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Equity Acquisition Los Angeles Services 100

socalTECH

AUGUST 15, 2013

The fight between Los Angeles taxicab drivers and services like Lyft and Uber haas just gotten even more interesting, as mobile app developer Flywheel said it has launched in Los Angeles. Flywheel''s service is available across LA except Santa Monica and Beverly Hills. READ MORE>>.

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JANUARY 31, 2012

Los Angeles-based private equity firm Platinum Equity has sold one of its portfolio companies, Canvas Systems , a supplier of refurbished IT hardware and services. Platinum Equity had acquired Canvas Systems in April of 2009. Canvas Systems was sold to electronics distributor Avnet. READ MORE>>.

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Equity Los Angeles Sales Services 150

SoCal Tech Calendar

JANUARY 11, 2013

Thursday, January 17, 2013 -- Equity Structure and Valuation: How much equity do I need to need to give to an investor? Do, Co-Founder and CEO of Derivatas, formerly with PricewaterhouseCoopers LLP as a valuation specialist and financial engineer in the Transaction Services - Valuation practice. Featuring panelists: Jeffrey A.

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Equity LAVA Los Angeles Report 113

socalTECH

OCTOBER 16, 2020

Los Angeles-based construction giant AECOM announced this morning that it is selling off its Power construction business, to affiliates of CriticalPoint Capital, LLC. The company said the sale is part of an effort to transform itself into a "higher-margin, lower-risk" professional services business.

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Equity Los Angeles Sales Capital 100

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APRIL 13, 2012

Los Angeles-based Friendgiftr , the angel-backed developer of a service which allows users to send gift cards to their family and friends, has been acquired, the firm said Friday morning. Friendgiftr said it has been acquired by private equity firm Aurora Borealis Investments.

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Equity Acquisition Los Angeles Invest 157

socalTECH

JANUARY 25, 2017

OfferPad , a startup which operates an online service which provides instant home buying offers to homeowners, is planning to launch its service in Los Angeles, after raising $260M funding. The funding is split between $30M in equity and $230M in debt. The company says it is launching in Los Angeles this month.

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Los Angeles Angel Funding Equity 100

socalTECH

DECEMBER 13, 2011

Los Angeles-based Encompass Digital Media , a provider of digital media services to the broadcast and cable television market, said this moring that it is in a deal with private equity Court Square Capital Partners, where Court Square will acquire a majority interest in the company. READ MORE>>.

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Equity Media Acquisition Los Angeles 170

socalTECH

FEBRUARY 16, 2011

Los Angeles-based private equity firm The Gores Group said Wednesday that it has closed on Gores Capital Partners II, L.P., The firm said that the new fund will acquire companies, primarily in the technology, telecommunications, business services, industrial, consumer, and healthcare sectors. with commitments of $2 billion.

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Equity Funding Los Angeles Capital 164

socalTECH

JANUARY 19, 2010

Los Angeles-based Platinum Equity has acquired OAO Technology Solutions , a provider of managed IT services and solutions based in Maryland, the firm announced this morning. Platinum Equity said it acquired OAO Technology Solutions from an affiliate of J.F. Financial terms of the acquisition were not announced.

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Equity Technology Outsource Acquisition 145

socalTECH

MARCH 6, 2013

CapLinked , the Los Angeles-based developer of enterprise software for managing M&A transactions, venture deals, and other business deals, is aiming squarely at legacy, virtual data room services with its latest updates. CapLinked is headed by Eric M. READ MORE>>.

Services 218

Services Venture Capital Equity Los Angeles 218

socalTECH

JUNE 10, 2021

Los Angeles-basd private equity investor K1 Investment Management has made a $120M investment in New York- and London-based >ComplySci, the two companies said this morning. ComplySci is a developer of regulatory and compliance software for the financial services sector.

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Invest Equity Venture Capital Los Angeles 113

socalTECH

NOVEMBER 13, 2009

Los Angeles-based private equity firm Platinum Equity said Thursday afternoon that it has completed its acquisition of Pomeroy IT Solutions , a Kentucky-based provider of information technology solutions and services. Pomeroy has around 2000 employees, and provides hardware, software, staffing, and other IT services.

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Equity Technology Acquisition Los Angeles 145

TechCrunch LA

NOVEMBER 23, 2020

The two spent months pounding the pavement in Los Angeles pretending to be college students doing research on the industry. They spoke with salon owners in Beverly Hills, Hollywood and other trendy neighborhoods trying to get a sense of where software and services were falling short. billion transaction by Vista Equity Partners.

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Software Beverly Hills Los Angeles Equity 323

socalTECH

FEBRUARY 23, 2010

Los Angeles-based private equity firm Platinum Equity said Tuesday that it is merging two of its portfolio firms, Pomeroy IT Solutions Inc. Pomeroy and OAO Technology Solutions both provide managed IT and related services. Tags: acquisition merger equity platinum. and OAO Technology Solutions.

Equity 145

Equity Acquisition Los Angeles Technology 145

socalTECH

JUNE 15, 2021

Los Angeles-based MomentFeed, which develops location-based services and location marketing software for bricks and mortar retailers to better manage information on their locations, hours, and other information, has been acquired by Uberall, a Berlin-based provider of marketing software.

Draper 113

Draper Equity Acquisition Los Angeles 113

socalTECH

NOVEMBER 13, 2018

Lovell Minnick Partners , a private equity investor which has one of its offices in Los Angeles, has acquired a majority of SRS Acquiom , a provider of technology-enabled services for the mergers and acquisition (M&A) market. Financial details of the acquisition were not announced. READ MORE>>.

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Equity Los Angeles Acquisition Venture Capital 133